Although
unpopular, many politicians are in favor of eliminating the mortgage interest
deduction which allows a citizen to deduct their mortgage interest payments
from their taxes. This famous deduction was allowed to go through the
latest round of negotiations without change. Lawmakers were working for
and had hoped to cut this deduction as part of the debt ceiling compromise.
They had even included language in an early version of the legislation
but, political forces eliminated that proposal from the final bill. This
latest tax hike (that Obama said he wouldn’t allow) would lower
the joint income level of homeowners eligible for the deduction.

I’m
sure that most homeowners are relieved the tax deduction is still available.
The real estate industry groups are also relieved, but they have expressed
concern that the 12-politician super-committee will target the mortgage
deduction as part of the effort to finding another $1.5 trillion in cuts
over the next decade. The real estate lobbying groups believe that this
latest effort to reduce spending will diminish their influence and feel
it is likely that the deduction will be altered or even eliminated in
the future. With about 35 million homeowners writing off their interest
payments, that’s well over 100 million people targeted for a tax
hike. What’s the tax bite? The Treasury Department states that in
2012, the mortgage interest deduction will cost the federal government
around $100 billion.

You
cost the government???

The
idea that you "cost" the government anything by taking a mortgage
interest tax deduction or any deduction is ludicrous, self-serving and
insulting. The only way a tax deduction can be a "cost" to the
government is if all money and property belong to the government. In this
fantasy world [but only probably 20 years away] the government owns all
and condescends to allow you to keep some property or earnings. I loved
that young questioner at the Tea Party Presidential Debate who asked,
“Out of every dollar that I earn, how much do you think I should
be allowed to keep?”

Government
lies

The
government is lying to US when declaring that a tax break is a "cost"
to the government. We are running out of time so we must understand this
is government double-speak and in our Brave New World this is akin to
“War is Peace.” Understand the fact: - any tax - is a cost
to US. A tax is defined as legalized theft and is a governmental taking
of your money/property – under the threat of force or imprisonment.

Most
understand that government “is force.” G. Washington.
Most realize that the founders understood that “government is the
problem.” R. Reagan. However, there is still a sizable minority
of regular citizens who believe that “equality” means having
equal amounts of everything versus being able to achieve on an equal footing.
These takers will never admit that they take because they are "lazy"
F. Bastiat "The
Law" Takers know that the only way they will get what they want
is if someone else gives it to them.

Government
recruits adherents to Fascism

I recently
had an in depth private conversation with an Assistant State Attorney
General. He denied that the vision of the founders was relevant to “today’s
world.” He denied the idea of life, liberty, property being essential
for freedom. He sees government as the purveyor of good. While he acknowledges
that connected persons can work the system, he feels that the system works
just fine. He sees no issue with government types making decisions affecting
people’s lives because the decisions require public comment. When
I asked, “What are the limits to the police power?” He answered,
“Whatever the constitution and statutes allow.” “And
if a law is hurting people?” “Then work to get different legislators.”
“OK.” I said, “And who is responsible for the harm that
is done by the law?” “Government can’t be held responsible.”
he said. I responded, “So, effectively, there are no limits to the
creation of any law by today’s interpretation.”

What
is wrong with them?

Liberals
and other Fascists just don’t get it. Since they don’t believe
in a G-d Head, and G-d’s laws, therefore they don’t want to
have any limitations on man’s activity. If it feels good, do it.
That is emotion run amuck; intelligence not needed and the heck with the
consequences.

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I told
the AG that the definition of Fascism is, “the control of the means
of production.” This definition is from Webster’s, in an edition
as late as 1962, prior to the dictionary becoming politically correct.
I said, “The control comes in the form of regulation. You own the
property, but the government tells you how to use it. That’s control.”
Then I asked, “How does it feel to be a Fascist?”

Let
me ask all of you who think big government is really your pal, your big
brother, “How does it feel to be a Fascist?” You probably
also think that the IRS is your friend.

Coach (Mitch)
Mitchell Goldstein is a Nationally Recognized Expert in tax delinquent
property investing and a Real Estate Investor since 1972 in commercial
and residential properties.

Coach Mitch
is dedicated to helping would be real estate investors to attain their
financial goals through investing in tax delinquent real estate and
has created various products and services to facilitate the tax delinquent
real estate investor.

Mitchell is
a Jewish American of Hungarian and Polish extraction and a fan of Locke,
Jefferson, and Madison, whose instincts against accumulated power have
proven prescient; and of Washington, and Hamilton, whose notions regarding
consolidated power required that honor and the highest moral behavior
be the hallmark of those exercising power.